Business news to help you keep track of the latest developments and identify new opportunities across key sectors in Southeast Asia
Monthly Business News to Help You Understand the Market
Kuwait Plans USD 10 Billion Investment in Indonesia’s Oil and Gas Sector
Kuwait Foreign Petroleum Exploration Company (KUFPEC) has announced plans to invest up to USD 10 billion in Indonesia's oil and gas sector. The Indonesian Ambassador to ...
Vietnam and Australia Launch National Innovation Alliance for Pig Farming
Vietnam and Australia have recently established the National Innovation Alliance for Pig Biosecurity, a partnership between the Australian government’s Aus4Innovation program ...
Vietnam Airlines Introduces Sustainable Aviation Fuel on European Routes
Starting 2025, Vietnam Airlines will incorporate sustainable aviation fuel (SAF) on all flights departing from Europe, becoming the first Vietnamese carrier to implement this ...
French Investments in Vietnam Continue to Grow Across Key Sectors
Investment flows from France to Vietnam have been robust, with French companies and organizations expanding their operations in the country.
In early January 2025, asset ...
Emerging Africa & Asia Infrastructure Fund Invests USD 20 Million to Support Vietnam’s Solar Energy Transition
The Emerging Africa & Asia Infrastructure Fund (EAAIF), managed by Ninety One and a part of the Private Infrastructure Development Group (PIDG), announced in January a ...
Spanish Company Opens New Facility in Vietnam to Boost Circularity in Textile Industry
Recover, a Spain-based producer of recycled cotton fiber and cotton fiber blends, has recently opened a new manufacturing facility in Vietnam. The facility, set to begin ...
Vietnamese and German Companies Partner to Build Advanced Vaccine and Biopharmaceutical Facility
Vietnam Vaccine Joint Stock Company (VNVC) has signed a contract with Germany’s Rieckermann Group, a global leader in the design of vaccine and pharmaceutical plants, to ...
Danang Ready for Investment in Semiconductor and Chip Design
SkyeChip, a Malaysia-based semiconductor leader, has received an investment certificate for a chip design project in Danang, marking a significant milestone for the city’s ...
Vietnam Plans to Upgrade Ports to Accommodate Larger Cargo Ships
The Vietnam Maritime Administration (VMA), under the Ministry of Transport, is preparing a proposal to enhance the operational capacity of public maritime infrastructure and ...
Vietnam Skoda’s USD 500 Million Car Plant Set to Open in 2025
Czech automaker Skoda is set to complete a USD 500 million car manufacturing plant in Vietnam by the first quarter of 2025. This development was confirmed during a meeting ...
Vietnam’s Textile and Footwear Exports Reach USD 44 Billion in 2024
The Vietnam Textile and Apparel Association reported that the textile and garment sector reached USD 44 billion in exports in 2024, reflecting an 11% year-on-year increase. ...
ExxonMobil Commits USD 15 Billion for Carbon Storage and Petrochemical Investment in Indonesia
ExxonMobil, a leading American oil company, has committed to investing up to USD 15 billion in carbon capture and storage (CCS) and a petrochemical refinery in Indonesia. The ...
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